Regardless of the mode of delivery, represent a guide to the
relative teaching time and student effort required to
successfully achieve a particular competency/module. This may
include not only scheduled classes or workplace visits but also
the amount of effort required to undertake, evaluate and
complete all assessment requirements, including any
non-classroom activities.

3.2 Returns and lodgements are prepared in accordance with Australian Taxation Office (ATO) requirements

Element:

Review Taxation lodgement Compliance.

Performance Criteria:

4.1 Lodgements and returns are submitted for authorisation by an approved person within the stated deadlines

4.2 Taxation preparation procedures are reviewed to determine their efficiency and effectiveness

4.3 Recommendations arising from the review are made to enable more efficient organisational structures and procedures for taxation purposes

4.4 Tax office enquiries and taxation audit requirements are met

Learning Outcomes

Details of Learning Activities

The activities centre around doing problems, problem solving, doing assignments, working in teams, developing a broad understanding of how to prepare tax returns for partnerships, trusts, companies , and superannuation funds. There are important time management skills involved in lodging assignments by due dates, thus learning the skills required in tax return lodgement.

Teaching Schedule

Week

Week Beginning

Topic

Assessment

Item

1

Feb 8

Intro to Tax Agents. Partnership introduction, difference between common law & tax Law

2

15

Partnership distribution statements, reconciliations

3

22

Partnerships uncontrolled income, & structural changes

4

Mar 1

Trusts-introduction, terminology, assessment rules

5

8

Trusts-assessment rules,& exercises

6

15

Income of minors, tax-effective distributions to inter-vivos trusts

7

22

Introduction to companies, revision for test

8

29

Test 1

Test 1 40%

9

Apr 12

Companies & reconciliations

10

19

Companies reconciliations & company losses

11

26

Companies & Franking accounts

Primary producersassignment out

12

May 3

Primary producers- livestock accounts

13

10

Primary producers- special concessions

14

17

Primary producers- averaging tax offset

15

24

Introduction to superannuation funds

Assignment due20%

16

31

Test 2

Test 2 40%

17

Jun 7

Resits and resubmissions

Learning Resources

Prescribed Texts

Australian Income Tax Question Book 2009 Alan Kirby & Garry Kirby

References

Australian Income Tax Answer Book 2009 By Alan Kirby & Garry Kirby

Other Resources

Notes as supplied by instructor

Overview of Assessment

Assessment may incorporate a variety of methods including technical requirements documentation, homework, assignments, group and/or individual projects, in class exercises, written and practical tests, problem solving exercises, presentations, direct observation of actual and simulated work practice, presentation of a portfolio of evidence which may comprise documents, and/or photographs and/or video and audio files, review of products produced through work-based or course activities.

Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.